A Reserve fund is a crucial part of an HOA or COA’s financial plan. For every budget that is planned by a COA, a reserve fund is very much needed. “How much money should a COA have?” This question is often thrown to COA members. Similar to corporations and businesses, COAs utilize reserve funds to […]
Category Archives: C.O.R.E. Beliefs by John
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An unpleasant but necessary community association task: the official violation letter. No matter what, HOA violations will occur at some point. So what can be done to prepare for them? How can one help prevent them? Whether you are a homeowner or a board member, understanding common violations and how to resolve them is necessary. […]
For those association which are operated by their board ( as opposed to managed by an independent management company), having the right tools is critical to keeping your time commitment reasonable. We created our free (albeit you have to register) board management section on CORE’s website for you which has many tools to help you operate the […]